With just 48% of floating rigs under contract presently and more scrapping needed to increase floater utilisation above 70 percent, it’s too soon to be bullish on outlook.
Engineering and manufacturing specialists, Entro Industries, today announced the immediate availability two new additions to its King-Pin walking foot family.
It will be the first major rig refurbishment completed at HENDERSON’s new service centre and rig yard at 6750 Bender Road in Houston, Texas.
Stena Drilling has teamed up with advanced simulator developer and manufacturer, Drilling Systems to combine competency assessment and coaching in-the-field with the On-The-Rig (OTR) simulator.
Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively.
The capital expenditures for the project are estimated at NOK 7.8 billion, helping extend the productive life of the Troll field beyond 2050.